I’m a Commnunist, Socialist, Democrat, and Republican
Naval Ravikant brought up interesting arguments against Socialism and the problem the universities have in the USA with the fields of The Humanities:
I think, really, Socialism comes from the heart, right? We all wanna be Socialists. Capitalism comes from the head because there are always cheaters in any system, and there is an incentive in any system. So, when you’re young, if you’re not Socialist, you have no heart, when you’re older and you’re not a capitalist you have no head, right? You haven’t thought it through. So, I understand where it comes from. I always like Nassim Taleb's take on this:With my family, I’m a communist. With my close friends, I’m a socialist. At the state level of politics, I’m a Democrat. At higher levels, I’m a Republican, and at the federal levels, I’m a Libertarian.So, basically, the larger the group of people you have massed together, who have different interests, the less trust there is, the more cheating there is, the better the incentives have to be aligned, the better the system has to work, the more you are towards capitalism. The smaller the group you’re in, you’re in a Kibbutz, you are in a commune, you’re in your house, you’re in your tribe, by all means, be a Socialist. With my aunts, with my brother, with my cousins, with my uncles, my mom, my family … I’m a Socialist. That’s the right way to live a loving, happy, integrated life. But when you’re dealing with strangers, you wanna be a real Socialist? Great, open all your doors and windows tomorrow. Please, everybody, come and take what you want. See how that works out.
Naval Ravikant, Joe Rogan Experience #1309